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nutjob

nutjob
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  • This Company Is A Steal Under $9 And I'm Buying Again [View article]
    Well said, good argument; I wish you luck in your future endeavors.
    Apr 22 04:51 AM | Likes Like |Link to Comment
  • This Beaten-Down Offshore E&P Company Has 30%+ Upside Potential [View article]
    Sold 1/3 at $19 on Thursday; bought at 16.25.
    Apr 18 11:24 PM | Likes Like |Link to Comment
  • This Beaten-Down Offshore E&P Company Has 30%+ Upside Potential [View article]
    Up 5% yesterday on 2x average volume (1.6M shares); yes oil was up too but not that much (65 cents); also did not see much company headlines past few days. Makes me wonder if there is some insider/hedge fund trading going on [?].
    Mar 22 01:09 AM | Likes Like |Link to Comment
  • This Beaten-Down Offshore E&P Company Has 30%+ Upside Potential [View article]
    Dave, thanks. Yes, a fact of life, anyone who trades incurs losses here and there. If you meet someone who tells you they've never lost money on a trade, hoist the BS flag :)
    Mar 16 06:01 AM | Likes Like |Link to Comment
  • Diamond Offshore: This A-Rated, High-Yielding Driller Will Shine Again [View article]
    A lot of differing opinions and interesting discussion. If the industry is entering a cyclical decline, how will these large dividend payments hold up? In the case of DO, I see trailing EPS of $3.95 per share versus a total dividend payout of $3.50. That does not seem to provide much of a cushion.
    Mar 15 10:48 PM | Likes Like |Link to Comment
  • This Beaten-Down Offshore E&P Company Has 30%+ Upside Potential [View article]
    Good article, not many followers in this stock. I added to my position after selling off my FST shares.
    Mar 15 02:22 AM | Likes Like |Link to Comment
  • Forest Oil Trying To Make A Go Of It With Second-Rate Assets [View article]
    @Batisutata: reduced capex by the offshore E&Ps is what I hear taking the drillers down. Same story for SDRL, DO and RIG. They are getting quite low though, aren't they.
    Mar 14 06:35 AM | Likes Like |Link to Comment
  • Forest Oil Trying To Make A Go Of It With Second-Rate Assets [View article]
    Down 37% at $2.01, I didn't expect that extreme of a move!
    Feb 26 05:06 PM | Likes Like |Link to Comment
  • Forest Oil Trying To Make A Go Of It With Second-Rate Assets [View article]
    I'm not sure of the source of your data, but the Floyd-Parker 01H well had a 30-day IP of 860, the Tinsley-Raeke 01H was at 778, and Morris 01H at 698 BOE/D.

    In fact I counted up the 30-day IPs for 34 of Forest's wells in EF and the average came out to 549; that number is as of Dec 2013 and is about twice your "mid-200 IP rate 2012" data.

    They have brought their well costs down. G&A as well as interest expenses should be significantly (30-40%) lower in 2014. As well, growth in oil is projected to double from 3400 to approx. 6800 bbls/day in 2014, driven by the EF in which they are running three rigs. They are hedged at $95 a barrel for oil.

    I do agree that they face problems, but they seem to be trying to turn things around. This is an unloved company on Wall Street selling for $3 a share. I don't offer a future quote on the shares as I have no crystal ball, but believe they could easily double from here. I am long the shares with a reasonably sized position.
    Feb 22 11:34 PM | 1 Like Like |Link to Comment
  • Eldorado Gold Has Quality Assets, But I Don't Like The Excessive CEO Salary [View article]
    Even though gold has trended higher, I expected EGO to reclaim eight dollars a share by now. The stock has been very sluggish while AU, ABX, and GG have all recovered somewhat nicely off their respective 52-week lows.

    I also thought NEM was a good buy and initiated at $21.10 a couple of weeks ago.
    Feb 22 10:53 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5 [View instapost]
    Again, I have not seen a corporate bond in denominations under $1,000, although the way they are quoted makes it appear that way.

    When you see a quote of 107 on a bond it means it is a $1,000 bond selling for $1,070.
    Feb 19 04:34 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5 [View instapost]
    Likewise. I've not seen an easy way for the small investor to own corporate bonds outside of mutual funds.
    Feb 18 06:30 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5 [View instapost]
    When I compare EPS, P/E, dividend yield, and Beta the numbers look very good; Canadian banking in my opinion is more conservative than the US banking industry; that's what I like. As for buying in, I'd like to see a 10% correction from here, which may never come. They are quite stable in price.

    Health care is another sector I like, especially large-cap pharmaceuticals, but not at current quotes. The market overall is too high, but in health care we are at 52-week highs pretty much across the board.
    Feb 18 04:52 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5 [View instapost]
    I initiated $TGT mostly as it was knocked off its 52-week high by some 20+ percent; I like its $3.74/share in earnings and the 3% dividend.

    For similar reasons I also initiated $MAT which is near its 52-week lows. Buying on dips is not bad.

    Also looking through the Canadian banks, $BMO, $RY, $CM, $TD, no positions as I'd like to own them a little lower. That's my two cents to this blog, have a great trading day tomorrow.
    Feb 17 06:12 AM | Likes Like |Link to Comment
  • Forest Oil: Eagle Ford Well Performance Improving [View article]
    I've looked at this from a few angles and see no easy way to play it right now. If you're bullish the August calls @ $3 strike price are .60 asked.

    So for roughly $3,000 you could "control" 5,000 shares of it for the next 188 days and if FST went back to $4 in that time frame you'd be in the money.That time period would cover close to the next three earnings reports (Feb, May and August).

    Very BIG "if" and risky in my opinion. I think FST will recover but it may take time, like over a year. In the meantime it is anyone's guess where the shares will trade. Good luck.
    Feb 9 01:35 AM | Likes Like |Link to Comment
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264 Comments
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